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Question 1 of 3 2 Points Net Cash Flows from Financing Activities Below is a list of information for Flyer Corp: Ending Cash Purchase
Question 1 of 3 2 Points Net Cash Flows from Financing Activities Below is a list of information for Flyer Corp: Ending Cash Purchase of Building by Signing a Note Operating Expenses Paid in Cash Cash Proceeds from Sale of Equipment $479996 $959305 $113569 $28381 $57307 Loss on Sale of Equipment $13821 Sales Revenue Beginning Cash $286095 $297210 ? 10 20 30 Change in Accounts Receivable Assuming no other activity occurred, determine Flyer Corp.'s Change in Accounts Receivable as reported on the Indirect Method Statement of Cash Flows. $ (Note: Round answer to the nearest whole number; enter 0 if item would not appear on the Indirect Method Statement of Cash Flows; begin number with a minus sign to indicate parentheses if applicable; do not use commas, periods, etc.) Hint: Try assembling a complete SCF on scratch paper using these items, then figure out how you would solve for the missing number. Mark for Review What's This?
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